Markets ONT

Onterris, Inc. Q1 Loss Declines

(RTTNews) - Onterris, Inc. (ONT) announced Loss for first quarter of -$12.690 million

The company's bottom line came in at -$12.690 million, or -$0.35 per share. This compares with -$19.359 million, or -$0.64 per share, last year.

The company's revenue for the period fell 5.2% to $168.518 million from $177.834 million last year.

Onterris, Inc. earnings at a glance (GAAP) :

-Earnings: -$12.690 Mln. vs. -$19.359 Mln. last year. -EPS: -$0.35 vs. -$0.64 last year. -Revenue: $168.518 Mln vs. $177.834 Mln last year.

This decrease in revenue was primarily due to lower emergency response revenue.

For the first quarter, the company posted an adjusted income of $4.578 million, or $0.12 per share, compared with $3.096 million, or $0.07 per share in the same period last year.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available